"The Council was created to bring the
financial regulatory community together to look across the
entire system, ask tough questions, and address potential risks
to financial stability before they materialise. Our analysis of
asset management products and activities is a crucial piece of
that work," said Treasury Secretary Jacob Lew, chair of the
Council. "As financial markets evolve, the nature of potential
risks shifts, and we need to be vigilant in monitoring and
understanding these changes."